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- W3115378025 abstract "Abstract Background BlockChain technology was invented to support bitcoin , currently the most popular virtual currency. Objectives The purpose of this paper is to investigate contemporary BlockChain platforms in financial services. Methods/Approach An unstructured literature review has been used. Results BlockChain in financial services is mostly associated with bitcoin exchange. However, this is a partial view of both BlockChain technology and its possible adoption for financial services: in fact, many BlockChain platforms are now available and many different financial services can be effectively supported by BlockChain platforms, even though they are not based on virtual-money exchange. Furthermore, people are attracted by the concept of smart contract , i.e., a contract that is automatically executed by computer technology, without human intervention. Conclusions The contribution of this paper is twofold: first of all, we introduce the four BlockChain platforms that are now most popular, discussing how they support the smart contract concept; second, we identify some typical categories of financial services, matching each of them with the platform that provides the best support for each category." @default.
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- W3115378025 date "2020-11-01" @default.
- W3115378025 modified "2023-10-14" @default.
- W3115378025 title "BlockChain Platforms in Financial Services: Current Perspective" @default.
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- W3115378025 doi "https://doi.org/10.2478/bsrj-2020-0030" @default.
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